Economists: annual inflation could approach a double-digit number after six months

Economists: annual inflation could approach a double-digit number after six months

Luminor bank economist Žygimantas Mauricas says that inflation continues to be affected by the jump in energy resource prices and services inflation. In addition, a significant part of its growth is made up of heating prices. According to him, annual inflation should continue to grow and approach a double-digit number by March next year.

Read more 7 things you should never flush down the toilet: a real disaster is looming

“It is moving towards 6–7 percent in the second half of the year, and that is a threshold that will certainly not go unnoticed, especially considering that part of that inflation is hidden, because a significant part of the growth is made up of heating prices, which are calculated all year round for technical reasons, but are only felt during the heating season,” Ž. Mauricas told BNS on Thursday.

Read more Illegal movies online: Lithuania will block 40 more websites

Translated from

Leave a Reply

Your email address will not be published. Required fields are marked *